GNE vs. ^SP600
Compare and contrast key facts about Genie Energy Ltd. (GNE) and S&P 600 (^SP600).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNE or ^SP600.
Correlation
The correlation between GNE and ^SP600 is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GNE vs. ^SP600 - Performance Comparison
Key characteristics
GNE:
-0.05
^SP600:
-0.57
GNE:
0.14
^SP600:
-0.67
GNE:
1.02
^SP600:
0.92
GNE:
-0.03
^SP600:
-0.48
GNE:
-0.15
^SP600:
-1.71
GNE:
10.63%
^SP600:
7.05%
GNE:
30.16%
^SP600:
21.26%
GNE:
-75.12%
^SP600:
-59.17%
GNE:
-49.93%
^SP600:
-25.16%
Returns By Period
In the year-to-date period, GNE achieves a -3.47% return, which is significantly higher than ^SP600's -17.91% return. Over the past 10 years, GNE has outperformed ^SP600 with an annualized return of 8.41%, while ^SP600 has yielded a comparatively lower 4.88% annualized return.
GNE
-3.47%
0.67%
-6.10%
-1.01%
19.93%
8.41%
^SP600
-17.91%
-12.72%
-17.87%
-11.30%
13.22%
4.88%
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Risk-Adjusted Performance
GNE vs. ^SP600 — Risk-Adjusted Performance Rank
GNE
^SP600
GNE vs. ^SP600 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genie Energy Ltd. (GNE) and S&P 600 (^SP600). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
GNE vs. ^SP600 - Drawdown Comparison
The maximum GNE drawdown since its inception was -75.12%, which is greater than ^SP600's maximum drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for GNE and ^SP600. For additional features, visit the drawdowns tool.
Volatility
GNE vs. ^SP600 - Volatility Comparison
Genie Energy Ltd. (GNE) has a higher volatility of 11.43% compared to S&P 600 (^SP600) at 10.29%. This indicates that GNE's price experiences larger fluctuations and is considered to be riskier than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.